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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Look at the big picture first of development, finance, and marketing/sales.

Partner 385
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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These days, it is almost impossible to find a small business where everything is done by full-time employees, in the office or at home. Labor rates are lower in some countries, but culture and language match are the real keys to productivity. Utilization and personal growth of virtual employees is not my problem.” Be flexible.

Cost 346
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Match Algorithm and Inputs

SoCal CTO

One of the common questions that I commonly get is: Tony, what inputs should we use as the basis for our matching algorithm? The people asking the above question don’t have that research and they also don’t really know how the matches should occur. How should the resulting algorithm use those inputs to form matches?

Algorithm 170
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Is a Venture Studio Right for You?

Steve Blank

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. Instead, they search and pivot until product-market fit is found. How Venture Studios Work.

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues.

Burn Rate 258
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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

In fact, his analysis of current statistics and many case studies leads both of us to recommend a focus on a set of key hiring principles that shouldn’t come as a surprise, but don’t seem to get followed very often these days by new companies, or even the more mature ones: Look for a cultural fit before a skill match. Marty Zwilling.

Hiring 337
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Brand Marketing vs. Product Marketing: What’s the Difference and Which Should You Invest In?

ConversionXL

In 2018, after two short years and $3 million raised in startup funds, recruitment AI company Ansaro shut down due to bad market fit. Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. Both companies suffered from a fatal lack of marketing.

Marketing 110